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Backpack Exchange acquires FTX EU, plans Q1 2025 launch

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Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition.

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Coin Market

Monthly prediction market volume hits $25.7B as user activity shifts beyond one-off events

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A new report by Bitget Wallet and Polymarket found that retail users are driving repeat activity on prediction markets, signaling a shift from one-off bets to continuous engagement.

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MoonPay buys crypto security firm Sodot in $100M push into institutional crypto

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MoonPay has acquired Israel-based crypto security infrastructure provider Sodot, forming the foundation of its new institutional unit led by former CFTC Acting Chair Caroline Pham.

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KuCoin EU hires new AML chief after Austria ban on new business under MiCA

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KuCoin EU hires a new AML chief and deputies in Vienna weeks after Austria’s regulator banned the MiCA‑licensed exchange from taking on new business over compliance gaps.

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